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HOMAG GmbH Homagstraße 3-5 72296 Schopfloch, Germany http://www.homag-group.de
Contact Mr Kai Knitter +49 7443 132461
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HOMAG GmbH

HOMAG Group raises order intake, sales revenue and earnings

Order intake increases by 15 percent in the third quarter of 2014 / Net profit for the period raised by more than 32 percent / Order intake, sales revenue and operative EBITDA expected at the higher end of the forecast ranges for 2014

(PresseBox) (Schopfloch, )
The HOMAG Group, the world's leading manufacturer of plant and machinery for the woodworking industry and for cabinet makers continued its positive business development in the third quarter of 2014. Order intake increased by 15 percent to EUR 203.2 million (prior year: EUR 176.9 million) and order backlog rose by more than 26 percent to EUR 302.8 million as of September 30, 2014 (prior year: EUR 239.3 million). The HOMAG Group's sales revenue was up by 14 percent to EUR 231.4 million (prior year: EUR 202.9 million), although more than half of sales revenue growth stems from Stiles Machinery, Inc., pcgxa xow aegwf dcfpnaie fs Oxdkckol 8880.

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